Answer:
b. 6 pairs of jeans per crate of olives; and
c. 4 pairs of jeans per crate of olives
Explanation:
Olives Jeans Trade off Ratio (Olives:Jeans)
Spain 1 3 1:3 or 0.33:1 (1/3 = 0.33)
Denmark 1 11 1:11 or 0.09:1 (1/11= 0.09)
Spain & Denmark have less opportunity cost & hence comparative advantage than each other, in Olive & Jeans respectively.
Spain will export Olives to Denmark (importer). Denmark will export Jeans to Spain (Importer). Trade will be gainful if they get exchange ratio better than domestic exchange ratio.
- '2 jeans pairs per olive crate' not gainful trade ratio for Spain, as it is getting more i.e 3 jeans pair per olive crate at its own domestic ratio.
- '13 jeans per olive' not gainful for Denmark, as 0.07 = (1/13) olive per jeans is worse than its own domestic ratio i.e 0.09 = (1/11) olive per jeans
'4 jeans pairs per olive crate' is gaining trade ratio for:
- Spain: As it gets 4 i.e more than 3 pairs of jeans per olive crate
- Denmark : As it gets 0.25 = (1/4) i.e more than 0.09 olive crates per pair of jeans
'6 jeans pairs per olive crate' is gaining trade ratio for:
- Spain: As it gets 6 i.e more than 3 pairs of jeans per olive crate
- Denmark : As it gets 0.16 = (1/6) i.e more than 0.09 olive crates per pair of jeans
Both of them are gainful trade ratios, but:
- 1olive:4 jeans is more gainful for Denmark, as it is gaining relatively more than domestic exchange rate (0.25 is more > 0.09 than 4 > 3).
- 1olive:6jeans is more gainful for Spain as it is gaining relatively more than domestic exchange rate (6 is more > 3 than 0.16 > 0.09)
Option (B) The net cash provided by investing activities is $99000 is correct.
<h3>What is net cash?</h3>
- On a company's financial statements, net cash is a sum that is given.
- It is determined by deducting a company's total cash from its total liabilities.
- When assessing the cash flows of a corporation, the net cash figure is frequently utilized.
<h3>What is cash flow?</h3>
- The net balance of money coming into and going out of a business at a particular period is referred to as cash flow.
- A firm constantly receives and expends cash.
- For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.
<h3>Calculation of Net cash provided by investing activities:</h3>
Net cash provided by investing activities = land ($154000 cash inflow) - equipment purchase ($55000 cash outflow) = $99000
Hence, The net cash provided by investing activities is $99000.
Learn more about cash flow here:
brainly.com/question/18301012
#SPJ4
<span>A party who agrees to act on behalf of another person or party is called an agent.</span>
Answer:
B. Contributory negligence
Explanation:
Contributory negligence may be defined as a defense to the tort claim that is based on the negligence of the plaintiff in some law jurisdiction. And if contributory negligence is available defense completely bars the person who files the suit from any recovery if the plaintiff contributes to their own injury and harm from any negligence.
In the context, a person buys a lawn mover form a store. The lawn mover contains a instruction book where it was written that the lawn mover should not be moved over any stones or gravels or areas mixed with grass and stones.
The consumer though remembers the warning but he moves the lawn mover over land filled with loose stones and rocks. Unfortunately, a rock flies and hits him on his face resulting in serious damage of his face. And so the consumer sues the manufacturer for selling a defective lawn mover.
But the court will dis-miss the case as it was a case of contributory negligence of the consumer as the manufacturer warned the consumer with a written instruction not to use the product over areas covered with stones and rocks. Thus the defense that will give the manufacturer the best chance of having dismissing the case by the court is the Contributory negligence of the consumer.
Answer:
1. b. $15,000
2. a. $13,200
Explanation:
a. Fair Value of Consideration $180,000
Non Controlling Interest $120,000
Differential in value of Sanlo $45,000
Good will = $15,000
b. Value of Equipment = $10,000 / 5 = $2,000
$2,000 * 60% = $1,200
Value of land = $15,000 * 60% = $9,000
Value of Sanlo's Inventory = $5,000 * 60% = $3,000
Total value amortize using equity method is $13,200
